Every time you want to go short , a put and sell a put atm and buy a call 7% higher .If price goes 3% against you sell a second put at +3 % and atm at 3% and buy a put - 7 % , sit and wait and eat premium decay.One way of doing it 7% on dow jones is almost 900points Another way of doing it "think outside the box" or the option formula Just an rough idea Approximately 70% of the time , this should win , if the timing of the entry is good on daily time frames , it may not go > 1 % against you , 70% of the time + everything is possible and it truly is.
Off-topic for sure, but there truly is something in this universe that is absolutely not possible, and if it happens I will eat my hat... A revival of the TV show called "Cop Rock". https://en.wikipedia.org/wiki/Cop_Rock It cannot ever again occur in this iteration of the physical universe. So your signature, TEP, has a rider attached, lol!
The job of a manager, like that of a teacher, is to inspire people to be better. Give them better technical skills, make them winners, make them better people, and they can go anywhere in life. sir alex fergusion A great teacher and a manager https://hbr.org/2013/10/fergusons-formula
so very true - you post anything constructive on et and the stupid fucks come out in force. it's really amazing like a mosquito they will hunt down intelligence and attack. this was not always the case on this forum. i really think it's that dawning of college polluted and brainwashed minds. they think they are smart because they are pampered and cuddled all their lives and mom and dad pay to send them off to the profs brainwashing class. when they graduate they then find out is all a lie but instead of blaming the machine that made them what they are they turn against first mom and dad, and anything that is decent and good. they are basically trained like a dog attack no matter reasoning because they have none. the only skills that the college educated kid has is the ability to memorize what a prof wants them to regurgitate upon test time. i have met only a handful of grads who managed to come out unpolluted and with their ethics in tact. primarily those grads had deep religious upbringing and managed to break down the bullshit to good and evil. if you don't have a spiritual awareness you may succeed in life but you will not win, you will never be at peace with the ebb and flow of situations.
I did this strategy , I know it gives 100 ticks a week average , thinking outside . the box.Most trader can't earn 10 ticks Investing in stock market indices via option spreads beats buffet?
Because they are addicted to the action. Ever see a DOM Price Ladder? It has all the addictive qualities of a slot machine, people need to wake up, YOU ARE THE PREY!
Because they are addicted to the action. Ever see a DOM Price Ladder? It has all the addictive qualities of a slot machine, people need to wake up, YOU ARE THE PREY!
You had me at this line as anything that comes after is meaning less to me. I have not spent enough time studying options to know whether trading them for 60 minutes or trading ES would produce more or less profits. Perhaps the spreads be tighter in SPX for entry but whether they move quick enough in my style of trading is an unknown, plus I not going to trade more than an hour as volume shrinks after. I think one main factor though is desire and ease of doing it, I doubt I want to spend a great deal of time learning tick by tick of study, it is just easier to do off weekly and daily charts of selling credit spreads or covered spreads. Actually, really depends how many strikes out the spread is, many stocks/ETFs, if you go out 8 strikes options are a nickel which is almost being naked and reason many even have this cause limited margin held. But you are concentrating on profits whereas I concentrate on risk, very few of what I do expire worthless and I am just looking to get out at percentage. I think too many are looking at profits first whereas keeping losing percentages down I think should come first.